Hotel Revenue Management System & Software
Hotel Scienz is an affordable high performing demand based revenue management system for hotels. It provides a proven methodology to hotel yield through advanced algorithms which highlight demand trends, to support your daily rate decisions and revenue management strategy.
Xotels has been around for over 10 years and is a leader in innovation in hotel revenue management strategies and tactics. Based on our best practices and proven methodology to hotel yield, we have developed an easy to use hotel revenue management software for the hotel and hospitality industry.
Our yield solution is being used by different accommodation types, from luxury inner-city boutique hotels to vacation resorts, new hospitality and lodging concepts, youth hostels, camping sites and holiday parks.
The RMS dashboard view, gives all stakeholders a clear overview of the current and future sales results. On The Books performance is compared with last year's final results, same date and budget. Data is presented both in numbers and visually easy to read graphs, charts and index tables.
- Instant revenue status overview
- Year on year & budget comparison
- Performance index numbers
Daily Pick-Up Reports
In one screen we include revenue on the books, booking pace trends, market segment performance, competitive market data, and much more. All the information you need to make your revenue analysis and come to informed yield and pricing decisions, are presented in an easy to read overview.
- One screen overview of daily results
- Segment breakdown
- Inventory & pricing status
Past, current and future Performance Data
Key performance indicators are displayed in a one-screen booking pace overview. Data such as occupancy, adr and revpar are shown in a familiar excel spreadsheet format and includes, broken down by day and segment. All your important metric together in one easy to understand report.
- Last year month end data
- Same day last year data
- 4 weeks sales performance tracking
Yield Algorithms to Highlight Demand Trends
To predict yield opportunities, the software uses a scientific algorithm based on an extensive amount of data. Dates that require require your attention are highlighted and indicate recommended actions and pricing optimization to maximize revenue.
- Algorithmic sales pace indicators
- Visual action recommendations
- Demand exception rules
Integrated Competitor Rate Shops
You can see the pricing strategy and best available rate of a set of 5 pre-selected competitor hotels. The system also calculated lowest, highest and average market rates.
- Competition price comparison
- Average comp set pricing
- Closed out dates
Dynamic Event Demand Calendar
Our advanced event calendar tool enables you to make an apples to apples comparison of high demand and compression days such as trade-fairs, public holidays, vacations etc.
- Sales pace indicators
- Action focus highlights
- Event Calendar Display
Integrated Channel Manager (optional)
Rate and inventory is automatically updated from the cloud based Hotel Scienz RMS solution via our built in hotel channel management system. This also offers connectivity to our own booking engine technology.
- Direct rate & inventory management
- Instant updates
- Over 300 channels
- Segmentation Mapping
- Multiple Data Source Business Intelligence
- Responsive design, works on any device
- Integrated CRS & IBE (optional)
- PMS Interfaces (optional)
What is to be expected of using the HotelScienz revenue management technology?
It is is all about increasing the financial top and bottom line results of your hotel!
Revenue managers save time in daily operations and analysis, to focus more on strategic yield opportunities and grow overall RevPar. Other stakeholders like general managers, asset managers and hotel owners or investors are all provided with crucial reporting to gain instant insight into the performance of their hotel portfolio.